23:42

The Most Important Decision is Getting Started – Laura Behrens Wu

From Y Combinator · Published Jul 22, 2018 · Watch on YouTube

TL;DR

The talk emphasizes that the most important decision for a founder is simply getting started on something, even without a grand idea. Laura Behrens Wu shares her journey from a random internship to co-founding Shippo, highlighting that fundraising involves massive rejection (115 noes out of 125 pitches), but practice makes perfect.

Key insights

  • The decision to start working on anything – not overthinking – is the most critical act for a founder.
  • A product should be a “painkiller” (must-have) not a “vitamin” (nice-to-have).
  • Pitching many wrong investors is valuable because it hones the pitch through repetition; all investors ask similar questions.

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